Page 38 - Demo

Doing Business in Brazil
e. concessionary rate of tax for income derived from debt securities;
f. concessionary rate of tax for global trading company and qualifying company;
g. concessionary rate of tax for financial sector incentive Company;
h. concessionary rate of tax for provision of processing services for financial institutions;
i. concessionary rate of tax for shipping investment manager;
j. concessionary rate of tax for trust income to which beneficiary is entitled;
k. concessionary rate of tax for leasing of aircraft and aircraft engines;
l. concessionary rate of tax for aircraft investment manager;
m. concessionary rate of tax for container investment enterprise;
n. concessionary rate of tax for container investment manager;
o. concessionary rate of tax for approved insurance brokers;
p. concessionary rate of tax for income derived from managing qualifying registered business trust or company;
q. concessionary rate of tax for ship broking and forward freight agreement trading;
r. concessionary rate of tax for shipping-related support services;
s. concessionary rate of tax for income derived from managing approved venture company;
t. concessionary rate of tax for international growth Company.
The chart below resumes the application of the relevant rules:
TAX RULES
TAX PRIVILEGED TAX HEAVEN REGIME
Higher WHT Rate on pay- ment, credit or remittance of income and capital gains abroad.
√
It does not generally apply.
Exception to WHT levied on charter hire payment, credit or remittances in the so-called “split contract structure” applied to oil and gas E&P and regasification activities.
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